OCR Text |
Show , Auditors uditors Analyze AnalyzeCounty AnalyzeCounty AnalyzeCounty County Fi Finances Financesdard nances nancesddard - Goddard Goddardbbev Go tsGo ddard dard \bbev bbev Abbey . \ "Dtv Dtv " : Co ( l l'Fiscal ' 0 " Repo1 Repot " ' -'Fiscal 'Fiscal Fiscal - ' ts tsFIScal GoFiscal FIScal Affairs In inGood inGood Good Condition , - fistal tisCal ( isial attairs aftalTs atlairS of Gr-md Gr md Grind GrmdfI'JIlty Grindare GrindJfflt - ) bat Ibat ' ! That tl II U e In good condition le leefficient ieS ? are fI'JIlty fIJIlty ) ' efficient adrnlnislraUon admlrustration admlriStraUOfl ] byant7 by byuus tectJDg offIcers offICe1 dftrmg daring the pa&t pat past & fOUl foui fouiW4T uus anty W4T ant7 . is tne the substance suo5wii-c suo5wii c - of "i i " . a o , repol repoit repoitby i-i i iir - ; t r nade % by tl t1 ti e Goddard Abbes Abbe3 Abbel companY cornnv corn com panY panYcert nv cert cern1 cernled ed public accountants accountantslers accountantso completed a detailed detailedud detailedof , recently recenUy I'M IM ' ! o the county for the four fourcaxs ud t of , caxs end ng December 31 1938 1938CoPIES 1938of CoPIES of the aumt audit repol t v \ ere ore 1 10 10j e eceIed of county com corn comIlI.ISloners cornossionerS the board ceI-ed ceI ed j - d by today and al aie ale e on Ofl file filefOf filepublic HieB IlI.ISloners IlIISloners ossionerS lers fOf ] . ( public mspection mspectlon inspection at the countyjts county countydrts drts clerks jts officeA office ' A summary suisunary of the report follows"l'he follows'The follows followsThe " ' The "l'he lhe 'The ' finan lal ml affairs of Grand GrandIJIJIl Grandcounty GrandMiity ' IJIJIl ( county ( j h hue hase 'e e ' been handled In an antiiclent anefficient antSident tiiclent efficient : u ii uawier anner dur durng ng rig the four fourV.e foury lS > ais 'fte fte V.e Ve ' . e call attention to 4) 4 ) theloIo'1l1g theL the thefiQavias y fiQavias loIo'1l1g loIo1l1g ! ' I I"L "L L " " 1 L . Vwms Dunng Dunfl the four years the therountv thecounty theanmtv rountv county has operated on oil tl eir elr 0n on 0IIlds onfunds ow 0\\ 0 theI ' \ n nmis I \IIlds IIlds funds ! \ { vlttiout wlthout without borro borrowing bOrro\1ng bOrro 1ng " \ ing money on ontar ont tar i t ant cipatlon clpation cipatiOn notesI notes I > l 2 ' 2 Cash on hand all coun counts countstotaled countstwSs t3 t3funds funds totaled $218"912 218912 $21 21 $218 218 $ 8'9 89 " ' ' > 912 12 more at atJe atDeCember atDawnber Je ) < : elDber DeCember 31 1938 than at Decem DecemI I ber T 31 1934 as follows fo11o\\ fo11o fo11os folleas \ s Balance Balanceicember BalanceDecember eember icember ] ) ( 31 1938 $44 44 $4486724 4486724 $ 867 24 balance balonce bal balslice slice ance once December 31 1934 $23 23 $ 038 12 - " ase S21 Zi l i : 12 U ih - ase Zi l i : U ih net . InCrease . lj /j j O / I i 3 Bonded indebtedness road roadbmds roadtends roadloads bmds tends was decreased from $43 43 $ 500 500to 500to 10 to $22500 22500 (22 22 $22 $ ( $ 500 The counts count3 baIt bu It a ne\\ ne nea nehouse neaair newcoar \ air _ ' house costing costmg $63 63 $ 150 during duringtt duringtb tt- tt ttperiod tb - period for which "hich hich " there \ was v.as vas . as a aIood abedd alociM Iood bedd l " < indebtedness of $8 8 $ " ' :18000 18000 : 8 000 at atDecember atDecember atDecember December 31 1938 Thel Theie Thele e was a acash acash acash cash balance in m the sinking smkmg fund fundof fund1)1(18,864.55 fund1118864.55 fund111886455 01 of ) $18,864.55 18864.55 1886455 ( $ $ , . , , . . at tha that t da date te tel l 1 4 . . All county fl ft finds nds rids had a cash cashblIance cashtalnoce cashtelance blIance talnoce blIancelith \ with \lith lith the counts count3 treasurer treasurerit .1 1 it . December 31 1938 with the themtpt theurepton thetffitpton mtpt urepton on of the hospital fund fund"him fundhkh fundttlch "him him " hkh has an overdraft oerdraft oterdraft , of $15913 15913 $15913'Ib $159 159 $ 13 13lb 13Hi 'Ib Ib lb ' ! owdraft overdraft m in this fund \ wasclanged as asdanged aschanged danged changed ; to a substantial cash cashba1ance cashtolance cashMance ba1ance tolance early In 1939All 1939All 1939 1939All All county de departments artmmts artments are arena arerialyced arefialyzed rialyced na 'Zed Zed ' in detail by the audi auc1i au1 ors orsCons1derable orsConsiderable orsConsiderable Cons1derable Considerable attention ' \ was as given givento to the Ihe Grand county COlmty hospital which whichbad whichhad whichlad bad had outstanding outstandlI1g accoun accounts ts recei receiv receivabs receivEla v .b.e b.e be abs ! . . at May 13 1939 of $39 39 $3 3 $ " ' ' 401 51 51Tbeie 51These These Tbeie accounts represent an aC aCMDulation accumulation acnamlatlon MDulation cumulation for approximately appro'CUllately approCUllately appro'cimately approcimately ' ' 15 15nars 15350rs 15Hais nars 350rs and the realizable real1zable value Is Isof isof iso of ( ! : course Ourse undeterminable the theaumoors theauditors theMiltors aumoors auditors possibly10000 pos.lblyS estimating that pos.lbly poslbly poibiy . : & , S $ $0000 0000 0000 of tIe tl t1 e accounts are col colUbIe colrUble colJeeUbIe colJeeUbIeHosp UbIeHoJ rUbleSoap rUble UbIe . Hosp HoJ Soap ' " ] talaccowlts talaccounts tal accounts accowlts receivable receivableas receivablenilyced receivableMiped nilyced as to place of resldence residence resldenceSan residencev residences s San Juan counts count3 acclnts accounts accounts6(7485 accounts67485 ( ) ! 47485 147485 ( San Juan county medIcal medIcalratle medicalporatLue medicalooixrathe otherttede otherdade poratLue ratl\e ratl e \ accounts account ; $55636 55636 $ other otherde dade de counties counhes $335331 335331 $ Grand GrandIy Grandonly GrandMity only Iy accounts $2201699 2201699 $ t total tal totalSWSl 2'01.51 201.51 20151 1111.51 111151 ' . . Analvsis Analvsls Analysis of accounts re revab rerobe reilrabe vab robe e over one year old s'1ows s1ows s'1owsJuan siows siowsa s ' iowsM 7971 a Juan county patients pahents $5797 5797 $5797other $5 5 $ 797 797Other other outside county patIents patIentsj patients"63.56 patients63.56 patients6356 " 463.56 46356 463,56 . , . total $8 8 $ 260 76 $826076It 826076It j report"ed reported reportted reportsled " 11 isapparent Is apparent the report " " sled ted that Grand county has hased hasacted has"lea haslea " hos11 hostal hosml acted " ed a considerable load of hos ? tal ml accountshlch accounts \ which \\hlch hlch thich properly properly"tiBId properlytiBId properlyuJd properlyould " ould uJd be borne by other counties counties"cine countiescine countiesDu.ing countiesDuring Du.ing Duing During . " the past sear jear the San Juan " Juan"ty Juanty JuanIy Juaneaty eaty " Iy s stuatlcn tuatlcn tuaticn has been bem becn greatly greatlv greatlvbe roed greatlyroed greatlyco co ofSan ed oat through the opera operation operatinn tinn of be beed San Juan county medical co _ tve ! _ Ite The bondi-d bondi d bond.ch bondch ' . - indebtedness of the the"M7 theM7 theunly theIflhty ' unly Iflhty " on December 31 last as asi0 asn asloan $50500m 50500m 500up 500ode loan ' n " by the report ' \ was sas as $50 50 $ 500 ode UP as folio bondsTO bondsrim vs Road bonds rim TO ea Ot of July " I 1 1900 19"0 190 $15500 15500 $ $15500i $15500out out i " $15500hoUSe hou house bonds series of Decem it 5 Decemit 1 l lQ ' . . 11936 1936 > e o Bt - - $28 28 $ 000 refunding road roadSOr roadidi " " " " idi ! , . SOr s-res s res srcs - cs July 1 l"l938$7"000fyl ll9387000fyl 1938 $7000 7000 $ roadI I tal $7000SO $7000tal . _ , $50500 50500 $ SO 500 Inn The * Tq i balance - - in the I Iredemption thend thelid lid DeceinT nd redemption fUlid ftid fund " on Decem Decein D'ecein Decein ' theI I | T 31 Old iM d whichd 1938 1938as " L \\as as sas \ $1886455 1886455 $18 18 $ 86i55whlch _ which ' - reduce uuvc the me net Bonded debt 131635 debt(3163545 debt3163545 ( 635 45 The 45The ' " | new flew calmty county court house t _ 163150 $63 63 $ 150 being financed fol lit follit folSale as inloot Sale of bonds $30 30 $ 000 In loot lootaccrued * accrued on bonds . , . 63 W.A WA . . $115 115 $11563 11563 $ ! iu > Dn 000Dn MI " r . federal ! deral era111 grant . ' $27000 27000 $27 27 ? $ 27 ooo 000 437 437COunty county deficiency fund $6CoUnty $6 6 $6ifaiy $ I ifaiy Th- Th Thcounty ' - county the report sho\\ sho shows shos shocs \ s is ' . Ihboldlng thboldIig , statee stateEOrne state001fle Ming pasment pament paSnient } to the state EOrne 001fle e $395667 395667 $3 3 $ 95867 956 67 in bounty funds the fundsthe fundsth th funds"tors thealdltors thftidItors 5 , -"tors "tors tors aldltors ftidItors " - " " comment as fol tOrd ' % rdmg 'udmg udmg this ? d matter The Theu Ther r ofw'ld _ _ Of count3 counts commissIOners of , w'ld wld w'ldcoun ' ' ofcoun coun Y have advised the ate : ateaUditor u aUditor OUdj0 the"Miter theMiter theOUdj0 " , . 5ti0 tJon the conthe that it is their con state bounty levy is isItutlonal C5SUtlitio Old d UtUtional , , , and that they theyi dappreciate Oldappreciate U4 d i appreciate S118111 " " " ' It ! t if " j the state dcommence U4CoenCe commence CoenCe " " " , ' " ' suitCOllec suitOIICC collp01 a Iriendly friendly suit suitt COllec OIICC eclon Ion ! > t I alsoI they ot of the money al also alsopna o ha\e ha e ha'e hae " "e e " \ ' ) pna tw no desire to ap apf ' 100000te 10Pflate the the , e money " " " " 'y y ' tor for the use U'ie Uie ' ry > 1Iy Pay COunty and would expect oVer Cd 4 4a.fte after a.fte afte . the amount already coi col the lIot tiOt question quest1o of v . ' hether 'ahether ahether the levy b Is bconstitutional constitutional Is Ised IsUUfl UUfl ed The noOn state has taken no noIh on the Ih Ihon ese dateese esecomments comments matter as at the date - |